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    211 Oak St Salida, CO 81201

    For Sale
    $550,000

    Mixed-use commercial building with residential income potential.

    Property size:
    1,965 SF

    Property Features for 211 Oak St

    General Information

    Standard status
    Active
    Size
    1,965 SF

    Building Details

    Year built
    1970

    Source: CENTURY 21 COMMUNITY FIRST Agent JUSTIN TANNER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Residential Income

    A 1,965 square foot commercial building constructed in 1970 is available for purchase. The property features garage door access and is situated on Oak Street, an area noted for its high traffic volume. The zoning allows for mixed-use, presenting various opportunities. Additionally, the offering includes a 960 square foot manufactured home built in 1971, featuring 3 bedrooms and 2 bathrooms, located at 801 Park Avenue. The property at 801 Park Avenue is currently occupied by renters, providing immediate income potential. The location on Oak Street is suitable for establishing a thriving business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rocky Mountain Resole Boot Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salida
    County
    Chaffee
    State
    Colorado
    Longitude
    -105.984451
    Latitude
    38.530371

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use commercial building with residential income potential.
    Where is this mixed-use property located?
    The property is located at 211 Oak St Salida, CO.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - High-traffic location on Oak Street ideal for business.; - Mixed-use zoning allows for flexible business and residential options.; - Immediate income potential with existing renters in the manufactured home.
    Request Owner's contact information
    211 Oak St Salida, CO 81201
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    Salida, CO 81201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    211 Oak St Salida, CO 81201
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